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The Economic Laws of Scientific Research

Kealey, Terence, Lancaster, Simon

15 ratings by Goodreads
ISBN 10: 0333657551 / ISBN 13: 9780333657553
Published by Palgrave Macmillan, 1996
Used Condition: Very Good
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Ships from the UK. Former Library book. Great condition for a used book! Minimal wear. Bookseller Inventory # GRP91616338

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Bibliographic Details

Title: The Economic Laws of Scientific Research

Publisher: Palgrave Macmillan

Publication Date: 1996

Book Condition:Very Good

Edition: 1996th Edition.

About this title


'Dr Kealey's brave, entertaining and learned book makes a powerful case for his unpopular views. It must give pause to any open-minded student of science policy.' - R.C.O. Matthews 'Not since J.D. Bernal has a practising British scientist challenged conventional arguments about the funding of science so originally, and so powerfully.' - David Edgerton, Imperial College Does government funding of science promote economic and cultural growth? This burning question has come to dominate political and academic thought. The evidence seems mixed: Japan flourishes economically neglecting science while the USSR and India who actively promoted government-funded science have declined. The purpose of this book is to assess the myth that government-funded science works economically. Supported by historical argument and international contemporary comparison, Terence Kealey argues that the free market approach rather that of state funding has proved by far the most successful in stimulating science and innovation.


"This book is highly recommended reading or as a reference for anyone in science or technology...."--Dennis L. Feucht, Analogzone

"It is the first book by a practicing scientist to challenge the orthodoxy for decades, and should be read by those who are involved in science or merely wish to promote it." --Wall Street Journal (Europe)

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